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...area is where you place the dividing line between what is cost-effective and what is cost-ineffective. That is the "How much is life worth?" question. And there is no real empirical research to guide you. We have looked at what other government departments do. Our Department of Transport, for instance, has a cost-per-life-saved threshold for new road schemes of about 1.5 million GBP per life, or around 30,000 GBP per life year gained. The judgment of our health economists is that somewhere in the region of 20,000-30,000 GBP per quality-adjusted...

Author: /time Magazine | Title: How Much Is a Year of Life Worth? | 3/27/2009 | See Source »

...consider that the United States is mistaken, protectionist and clearly violating the treaty," Mexico's Economy Secretary, Gerardo Ruiz Mateos, told a news conference on March 16. "To decide to protect their own transport sector, they have decided to affect the competitiveness of our countries and of the region, impacting many other productive sectors." (Read a story about the new world sprouting on both sides of the U.S.-Mexico frontier...

Author: /time Magazine | Title: Obama's 'Trade War': No Truck with Mexico | 3/25/2009 | See Source »

...companies were reluctant to praise the measures. Indeed, right now their trucks are busy blocking city streets to protest high diesel prices set by government oil monopoly Pemex. They have nothing nice to say about their own government. Adolfo Torres, a regional leader of the National Chamber of Cargo Transporters, said the U.S. ban on Mexican trucks shows that the White House is better at supporting its own industries. "The U.S. government is defending its people, closing the border to Mexican transport, while here we have to turn to drastic measures like a strike...

Author: /time Magazine | Title: Obama's 'Trade War': No Truck with Mexico | 3/25/2009 | See Source »

...After you recovered these soldiers, what happened next? We would place the remains in a transfer case, which is sort of like a metal casket, and would drape the flag over it. Then we would load them onto the aircraft for transport. And when we would load them on, we did a little ceremony. The flight crew would be involved, standing in formation on either side of the bay doors, and we would do a little march from our vehicle to the plane and would situate the transfer case into the plane. There's a flag hanging overhead...

Author: /time Magazine | Title: Cleaning Up Death at War — and at Home | 3/24/2009 | See Source »

...Maruti 800, the Nano's closest competition, sells for about twice as much. Yet Tata has been as good as his word. The Nano is going on sale on April 9 at 470 outlets across India at a factory price of 100,000 rupees, not including taxes and transport costs. Within a few years, Nanos could also be available in Europe...

Author: /time Magazine | Title: The World's Cheapest Car Debuts in India | 3/23/2009 | See Source »

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